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Home My WebLink About2036 woucy or aoiiues said MORTGAGEE sha0 Fyve the option w receiva and :pWy tne same vn account of the indebtedness securra ncrebv x t~+ permit said MC?RTG/1GORS to ~ece~ve aed use it or any puf theroof fo? other pwpoxs without thereby waiv~n~ o~ impairinQ any equity. I~en Or ri~ht under u by virtue of this Mortea~e; ar:d in t'~e event sald MORTG/1GORS shall fo. any reaso~ fail ro keep N,e said prem~ses so inw.sd, u fail ro det~~er promptly a~y of said policies ~l inwance to said MORT(',/1GEE, or fail promptly to pay fuHy any p~emium therefw~ or in any respect tail to perform, d~scN~~e. exccute, effect, complete. comply with u~d abide by this tovenant, o? snv wrc he~eof, said MORT G/1GEE may ptace a~d pay fw ur_h inwante a any part thereof without waiving or sffttti~g any option, lien, equiry, or right under w bY v~rtue of this Mortgage, and the full r.mount of eac~ and every such psyrnent shall ba imrneciiatefy due and payable a~d shall bea. interest from the date thereof until paid at the nte of .75 pe~ cent per annum and together with such interest shall be secu~ed by the tien of this mortgage. 4. To permit, tommit o? wffer no waste, irt~pairtnent or deterioration of said Rroperty or ~ny part the~eoi. 5. It is herrby specifically agreed that any wm or wms which may be losned w adva~ced by the Mdrtgagee to the Mortgagor at any rime after the recording of this indenture. together with interes! thereon at the rate a~reed upon at the time of suth ban a~ advance, s~~al: be equaUy secure~i with and have the same priority as the o~iginai i~btedness, and be wbjKt to all the terms and provisions of this mo~tgage: Pro~ided, that tl,e aggregate amount of princ~pal outstar+ding at sny time shal! not exceed ao amount e~ual to one tkv~dred ars~ fifry pe~ cent (150~i? of the principsi amount o.iginally fecured hereby. 6. To pay all and singular the costs, charges and ezpense;, ircluding ~ reasonable atto~~ey's fee and costs of abstract of title ir.- cu~rcd or paid at a~v time by sa~d MORTGAGEE because w in the event of the failure on the part of the said MORTGAGOR to duly, promptly and fully pe~fnrm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditions and cove.wnts of said orom~szory note and this mortgage a~y o? eith~r. and said costs, tharges and ezpenses, each and every, shall be immediately due a~d payable; whethe. or not there be notice, dertund. attanpt to colleti~~it perxling; and the fu:l amount of each and every wch payment sha11 bear inte~est from !he date thereof until paid at the rate of ae~ centum per amum; and all said costs, charges and expenses so incu~red or paid, together with such ~~ferest, shall be setured by the lien of this mortgage. 7. That ta) +n the event of any breach of this Mortgage or default on the parf of the MORTGAGOR, or ib) in the event any of said sums of money he~rin re(erred ta be not promptly and fully paid within thirty l30) days next after the same seve~ally become due and payable, without demand or nutice, or (c) in tFw event each and everv the sti0ulations, argeen?ents, tonditions and tovenants of said promiuory note and this mortgagr any or either are not duiy, promptly and fulh perfo~med, fiischarged, exetuted, effected, completed canplied with ar~d abid.~d by, then ~n either cr any wch eve~t, the sai6 aggregate sum mentiontd in said prorrsissory note then remaining unpaid, with interest accrued, and all moneys secured hereby, shall become due and payable foeihwith. or the~eafter~ at the option of said i~AORTGAGEE, as fully and completely as if aIl of the said wms of money were originalty stipulated to be paid on such day. anything in said promissory rwte w in this Matgage to the contran not withstanding; and thereupon w ti~ereaher at the option of said MORTGAGEE. without notioe or demand. suit at law or in equiry, may be Frosecuted as if all monies secured hereby hsd matured prior to ifs institution. 8. That in the eve~t that at the beginning of w at any time pendi~ any wit upon this Mortgage, w to foreclose it. or to refwm it, or to enforce payment of any claims he~e~x~der, said MORTGAGEE shall apply to tM Coutt having jurisdictio~ thereof fw the appointmer?t of a Reteiver, wth Court shall forthwith appoint a Reteiver, of said mwtgaged property sll and singutar, intluding all and singular the income~ profits, issues and revenues from whateocr source derived, each ar+d every of whith, it being expressly understood, is hereby mort- gaged as if specificxlly set forth and described in the granting and F+abeodum clauses hereof. and such Receiver sF?all have alt the broad an~ effective functions and powers in anywise entnnted by a Court to a Receiver, and such appointment shall be r~ade by wch Court as an admitted equity and a matter of absolute right to said MORTGAG•`_E, and without rsferente ta the adequaty or inadequaty of the value of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, a~ tF+at such rents, profits, intornes, iswea and revenues shall be applied by wch Rece:ver according w the lien or equiry of said MORTGAGEE and the practite of wch Court. 9. To ~ly, promptty and futly perform, discF+arge, execute. eftect, oanplete compy with and abide by each and every tfie stipu- lations. agreements. conditions and covena~ts in said promissory note and in this mortQage set iorth. 10. That in the event the ownenhip of the mortgaged premises, or any part thereof, becomes vested in a person other than tt+e MORTGAGOR, tF+e MORTGAGEE, its wccessoa and assigns, may, without notice to the MORTGAGOR, deal with wch wccessor or successors in interest with reference to this mortgage and the debt nereby securea in Il.e sa+n~ ntian.tias ss v~:th ~lartga~r without in any way vitiating or duharging the Mortgagor's Iiability hereunder w upoo the de~t hereby secured. No sale of the premises hereby mortgaged and no fore- bearance on the part of the MORTCAGEE M its succeswrs or auigns and no extension of the time for the payment of the debt hereby secured given by the MORTGACEE or its successors or assigns, shall operate to release. discharge, modify, change or effect the original liabiliry of the MORTGAGOR herein, either in whole or in part. 11. It is spetifitally agreed that time is of the essenoe of this oontntt and that no waiver or any obligation hereunder or of the obligatian secured hereby shall at any time thereaker be held b be a vraiver of the temu hereof ot of the instrument secured hereby. Sig~ed, Seakd ar.d delivered in presente of: ` { ~ f _ _ - - - - - - - (SEAU - - - - - - - _ _ (SEAU - - - - - - i STATE OF FLORIDA R r COUN7Y OF - ~ Before me personalfy appeared - - and - - - - - - - - his wife, to me well known. and ki~bw~~to me to be the individuals destri'~ed in and who executed the foregoing i t, and acknoMrledged before me that they executed the sa~.~or the purposes therein expressed. WITNE55 nd and official seaf this - day °f---- _ A D. 19-.-- - - ~ ~ Notary Public in and for the State of Flwida at targe_ - W ~ ; ~ ~ W ; ~Z x i~ ; " ° . o ~ ~ o ~ ~ ! ZQz ~ ~ a°~ x _ H ~ ~ "L"~ i~A" a ~ ~ Q > ~ 1 M ~ wrM ~ ~ v ~ ~ Qaa ~ ~ ~ ~ ~ ~ H ~ x O ~ c • I c~.~ ~ - U - ~ ~ A ° W E" ~ o ~ ~ c~' ~ ° A i ~ ~ ; ~ ~ ~ : w a ~ o , , ~ ~oo~ 211 P~~~2034 . ~ , I ~ ~ ~ ~ ~ r a ~ ~ y _ _ - : ~ ~y-~ - ~ ~ . ~ _ _ : _